Robinhood Offers BTC Price Prediction Derivative Contract
Retail trading platform Robinhood is offering a new derivative contract for Bitcoin (BTC) price prediction. The contract, which resolves on August 15, 2026 at 9pm EDT, allows traders to predict whether the BTC price will be above or below certain thresholds.
The contract offers payouts based on the price of Bitcoin at the specified time, using CF Benchmarks' Real Time Index (RTI) as the reference. Traders can earn $1 for every contract they own if their prediction is correct, although additional fees apply.
Robinhood Derivatives, LLC is offering the contract through various platforms, including KalshiEX LLC, ForecastEX, LLC, and Rothera Exchange and Clearing LLC. However, there are trading prohibitions in place for individuals employed by certain agencies or who hold material non-public information on Bitcoin.
It's worth noting that futures, options on futures, and cleared swaps trading involves significant risk and may not be suitable for everyone.